Apply on Employer Site

Chase · 21 hours ago

Derivative Collateral Analyst

4 Chase Metrotech Ctr, Brooklyn, NY, 11245, US

Full-time

Onsite

Entry, Mid Level

$66K/yr - $87K/yr

2+ years exp

Chase is a leading financial institution offering innovative financial solutions. The Derivative Collateral Analyst will monitor credit exposures, manage secured credit transactions, and ensure regulatory compliance to protect the bank from potential losses.

BankingFinancial Services

Responsibilities

Review and understand new agreement terms and documentation

Set-up agreement terms regarding collateral in credit systems for ongoing monitoring

Monitor collateral daily and identify non-compliant scenarios. Confirm the accuracy and escalate to Credit and Bankers for resolution plan and date determination

Manage regulatory related initiatives to resolve control gaps and enhance current processes for further efficiency and effectiveness as needed

Provide implementation support, including testing of new tools / processes to ensure they meet requirements for all projects that impact Collateral CRM Operations regulatory functions

Validate and issue margin calls to Financial Advisors

Manage third party pledge scenarios

Manage initiatives to resolve control gaps and enhance current processes for further efficiency and effectiveness as needed

Provide analysis concerning portfolio as needed

Review and validate collateral requirements for OTC derivatives including option strategies

Manage inquiries from Bankers, Brokers, Lenders, Client Services on margin lending topics

Qualification

Derivatives knowledgeCollateral managementAdvanced ExcelLending regulations knowledgeAnalytical skillsCommunication skillsSelf-motivatedTeamworkProject managementOrganizational skills

Required

Minimum of two years working experience in a derivatives or collateral group focused on supporting prime brokerage relationships, institutional or high net worth client base

Strong interest in derivative products and strategies

Detailed, analytical and results orientation skills

Strong verbal and written communication

Must be self-motivated and able to work independently and in a team environment

Must be able to manage day to day work in addition to managing multiple projects

Consistently demonstrates accountability and responsibility for their actions and results

High-level of proficiency in organizing, prioritizing, and managing issues

Advanced Excel skills

BA/BS or equivalent in a business field